Principal Specialist, Program Cost Controls *HYBRID*

Date Posted:

2023-07-23

Country:

United States of America

Location:

TX190: 2501 West University, McKinney 2501 West University , McKinney, TX, 75070 USA

Position Role Type:

Hybrid

At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression. We bring the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. Our team solves tough, meaningful problems that create a safer, more secure world.

Job Summary:

The SHORAD Finance team (Short Range Air Defense) within the LW&AD (Land Warfare and Air Defense) Mission Area has an immediate need for a Principal Financial Analyst to provide support to various new contracts. The SHORAD portfolio is a major growth driver for LW&AD as it is heavily engaged in emerging growth markets for Counter-UAS, Loitering Effects and non-kinetic defeats. Over the course of the next year, the SHORAD Programs Finance Team Lead will play a critical role in both executing current backlog and winning key competitions to capture large potential in the multiple new defense markets we are engaged in. 

You must be an excellent communicator with a strong desire to learn while being aggressively challenged. Competitive applicants must have the ability to think on their feet, make decisions in a fast paced environment, manage competing priorities and interact with a various levels of management, including Program Managers, Business Manager, and various Program Management office representatives to ensure alignment regarding strategy, operating, and financial objectives. This role will provide an opportunity to be involved in financial planning, earned value management, estimates at complete (EACs) and variance analysis and apply them to capture critical foreign and domestic competitive pursuits. 

This role is being offered in a hybrid capacity (remote and/or online) and is based on the needs of the business. When working onsite, it may be up to 1-2 days per week. The preferred candidate will be located within a commutable distance to McKinney, TX, Boston, MA or Tucson, AZ. (Relocation assistance will NOT be provided)

Responsibilities to Anticipate:

  • Management of earned value contracts, analysis of program performance, and assisting with initial baseline for new awards in compliance with the program instruction, internal EVM policy and 10255

  • Quarterly Development of Estimate at Completion (EACs)

  • Review and Development of Contract Data Requirements List (CDRLs)

  • Interfacing with Control Account Managers, Program Management, the Integrated Product Leadership Team, and ensuring compliance with financial policies.

  • Support review and forecast of Bookings, Sales, Earnings and Cash forecast to Financial Planning

  • Support contract level inputs and updates to Annual Operating Plan (AOP) and 5-year sales objectives

  • Develop, utilize and disseminate process improvement and tool improvement opportunities to enhance analytical opportunities for the entire finance team

  • Ad-hoc request support in a fast-paced environment

Basic Qualifications:

  • Bachelor degree in Business, Math, Finance, Accounting or a directly related field

  • Typically requires 5 years of experience in financial analysis/related finance experience; OR an Advanced degree and 3 years of experience in financial analysis/related finance experience

  • Experience with data analysis and/or reporting

  • Experience with EVMS (Earned Value Management)​. Or achieve EVMS Certification within 2 months of hiring

  • Experience with Estimates at Complete (EACs)

Preferred Qualifications:

  • Excellent written and verbal communication skills

  • Experience multitasking and working in a fast-paced environment

  • Experience with Microsoft tool suite (Excel, Word, PowerPoint)

  • Continuous improvement mindset and high attention to detail and accuracy

  • Works under general direction and participates in determining objectives of assignment

  • Ability to identify issues and implement corrective action plans that produce positive results

  • Experience interfacing with senior level management and customers, including formal presentations

  • Demonstrated ability to meet critical deadlines

  • Proactive and demonstrated ability to creatively problem solve

Raytheon Technologies Corporation is an Aerospace and Defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises four industry-leading businesses – Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense. Its 195,000 employees enable the company to operate at the edge of known science as they imagine and deliver solutions that push the boundaries in quantum physics, electric propulsion, directed energy, hypersonics, avionics and cybersecurity. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Arlington, VA.

To realize our full potential, Raytheon Technologies is committed to creating a company where all employees are respected, valued and supported in the pursuit of their goals. We know companies that embrace diversity in all its forms not only deliver stronger business results, but also become a force for good, fueling stronger business performance and greater opportunity for employees, partners, investors and communities to succeed.

RTX is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

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Raytheon Technologies